Asked By: Justin Morris Date: created: May 25 2022

Is a 10 year old car too old

Answered By: Cyrus Reed Date: created: May 27 2022

More than half of a car’s original value evaporates in the first five years of ownership.

Don’t pay more than that 10-year-old car is worth.

And, pick a car with a solid reputation for dependability.

No car is really too old if you follow those rules..

Asked By: Christian Peterson Date: created: Apr 09 2021

What is a good time to buy new car

Answered By: Miles Hall Date: created: Apr 12 2021

The months of October, November and December are the best time of year to buy a car. Car dealerships have sales quotas, which typically break down into yearly, quarterly and monthly sales goals. And all three goals begin to come together late in the year.

Asked By: Jordan Robinson Date: created: Jan 17 2022

What should you not say at a car dealership

Answered By: Martin Robinson Date: created: Jan 17 2022

10 Things You Should Never Say to a Car Salesman“I really love this car” … “I don’t know that much about cars” … “My trade-in is outside” … “I don’t want to get taken to the cleaners” … “My credit isn’t that good” … “I’m paying cash” … “I need to buy a car today” … “I need a monthly payment under $350”More items…•Jan 6, 2021

Asked By: Jack Brown Date: created: Apr 18 2021

How much can a dealer take off the MSRP

Answered By: Dennis Phillips Date: created: Apr 19 2021

How much off the MSRP can I negotiate? This depends on the market value of the vehicle. You can expect to see larger discounts on slower-selling vehicles. But on a popular vehicle, even a couple hundred off might be considered a good discount.

Asked By: Andrew Moore Date: created: Aug 29 2021

Why you should never buy a car from a dealership

Answered By: Chase Harris Date: created: Aug 29 2021

It doesn’t make financial sense. The heart of the reason buying from a dealer makes no sense is the margin. Whether on trade-in or at an auction, when a dealer acquires a car they typically pay far less than the car’s retail value, sometimes a little as 1/3 the retail value.

Asked By: Morgan Howard Date: created: May 14 2021

What are the disadvantages of buying a new car

Answered By: Ashton Brooks Date: created: May 14 2021

Disadvantages of Buying a New CarMore expensive.Immediate depreciation.Unknown reliability for model year.Higher tax and insurance costs.

Asked By: Isaiah Peterson Date: created: Apr 23 2022

How much can you usually negotiate off a new car

Answered By: Austin Thomas Date: created: Apr 25 2022

Focus any negotiation on that dealer cost. For an average car, 2% above the dealer’s invoice price is a reasonably good deal. A hot-selling car may have little room for negotiation, while you may be able to go even lower with a slow-selling model. Salespeople will usually try to negotiate based on the MSRP.

Asked By: Walter Turner Date: created: Apr 01 2022

What car does Bill Gates drive

Answered By: Alexander Rogers Date: created: Apr 04 2022

Porsche 959Bill Gates – Porsche 959.

Asked By: Ronald Hernandez Date: created: Jan 19 2022

What are the ugliest cars

Answered By: Alan Rivera Date: created: Jan 20 2022

Are These The 10 Ugliest Cars Ever Made?Chevrolet SSR. If anyone was curious about the demand for a two-seat convertible pick-up truck in 2003 – they weren’t left wondering for long. … Nissan Cube. … Hyundai Tiburon. … Plymouth Prowler. … Chrysler PT Cruiser. … Suzuki X-90. … Nissan S-Cargo. … Bufori Geneva.More items…

Asked By: Roger Torres Date: created: Sep 06 2021

What is the most reliable 10-year-old car

Answered By: Blake Rodriguez Date: created: Sep 08 2021

Most Reliable 10-Year-Old Cars2011 Lexus ES. Vehicle reliability has been a hallmark of the Lexus brand since it was launched more than three decades ago. … 2011 Toyota Avalon. … 2011 Honda Accord. … 2011 Hyundai Sonata. … 2011 Toyota Camry. … 2011 Scion xD. … 2011 Toyota Corolla. … 2011 Buick LaCrosse.More items…

Asked By: Andrew Brooks Date: created: Feb 16 2022

Is it better to buy private or dealer

Answered By: Malcolm Hill Date: created: Feb 18 2022

private seller. Buying a used car from a dealer means you’ll get a wider selection, better financing options, and all-around peace of mind while buying a used car from a private seller can be riskier.

Asked By: Landon Phillips Date: created: Mar 06 2022

Is it ever worth buying a new car

Answered By: Lucas Alexander Date: created: Mar 06 2022

Peace of mind: A new car will likely be more reliable than a used one, even though pre-owned cars are much more dependable than in the past. If a new car breaks down, you can have it fixed for free under the included factory warranty, at least for the first 36,000 miles or three years that most carmakers offer.

Asked By: Jesse Ramirez Date: created: Mar 13 2022

At what point is it better to buy a new car

Answered By: Alan Miller Date: created: Mar 13 2022

For some people, it’s time to buy a new car any time they have to make more than two or three repairs in one year. Attractive financing arrangements only make the idea more appealing.

Asked By: Gregory Flores Date: created: Jul 24 2021

Why Buying a car is a bad investment

Answered By: Isaac Perry Date: created: Jul 24 2021

Cars are depreciating assets, meaning they lose value over time. New cars are the worst. That’s because the biggest depreciation comes in the first year, with a big chunk of that coming when you drive it away and it goes from new to used. This is unofficially referred to as the new car hit.

Asked By: Dennis Green Date: created: Mar 05 2022

Is it OK to buy a 10-year-old car

Answered By: Louis Adams Date: created: Mar 05 2022

As mentioned earlier, modern cars are extremely reliable, even as they age. Even 10-year-old cars have less than one problem per year that needs repair. For example, a five-year-old car may only suffer a major problem every three years and a 10-year-old car would have a problem only every 18 to 20 months on average.

Asked By: Kyle Cook Date: created: Sep 14 2021

Is a 20 year old car too old

Answered By: Alexander Jones Date: created: Sep 15 2021

What Condition Will A Twenty Year Old Car Be In? Twenty year old cars will likely be in pretty good condition, so long as the car spent its life in a salt free state and was maintained and garaged. You can always tell a garaged car, the paintwork will be original and still fresh looking.

Asked By: Fred Moore Date: created: May 07 2022

Can you haggle with car dealerships

Answered By: Douglas Mitchell Date: created: May 08 2022

While you don’t have to haggle to get a deal, a salesperson may not volunteer that there’s an offer available. Unless you have done your research and know about the offers, you can’t be assured of getting the good deal you deserve.

Asked By: Ronald Allen Date: created: Mar 25 2022

Why new cars are a waste of money

Answered By: Matthew Green Date: created: Mar 25 2022

That’s because the moment you drive it off the lot, the vehicle starts to depreciate: Your car’s value typically decreases 20 to 30 percent by the end of the first year and, in five years, it can lose 60 percent or more of its initial value. To make matters worse, “most people borrow money to buy that car,” says Bach.

Asked By: Juan Martinez Date: created: May 10 2021

Why you should never pay cash for a car

Answered By: Jose Carter Date: created: May 11 2021

When Paying for a Car With Cash Might Not Make Sense You may not have enough to buy a safe and reliable car. If you need to start or reestablish a credit history, paying with cash won’t help, but a loan that you properly manage will.

Asked By: Jayden Gonzalez Date: created: Aug 27 2021

Can you ask dealer for invoice price

Answered By: Oswald Hughes Date: created: Aug 30 2021

You can always ask a dealer what they paid for a used car, but there typically won’t be a willingness to share that information. On the new car side of things, dealers are much more likely to be open and transparent about the invoice cost they paid to purchase a vehicle.

Asked By: Tyler Mitchell Date: created: Feb 18 2021

Should I keep my old car or trade it in

Answered By: Kevin Phillips Date: created: Feb 20 2021

Ideally, you want to keep a car for a few years after it is paid off before you trade it in. This way, you get to enjoy the benefits of ownership. If you can’t or aren’t willing to wait that long, at least make sure you have positive equity in the loan.

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